Europe top stories: weekly summary
ICIS Editorial
18-Dec-2023
LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 15 December.
Europe’s Q1 phenol adder
talks ongoing in bearish market
Europe’s Q1 phenol adder talks are ongoing this
week. Decreases have been widely reported so
far, but the extent of the decrease has varied,
depending on the source.
Libya
exports first ethylene, propylene and CC4 for
12 years
The first olefin exports have been fixed from
National Oil Corporation’s (NOC) Ras Lanuf
cracker in Libya which restarted in November
after a 12-year hiatus.
INSIGHT: Cautiously
optimistic future for plastics circularity –
what to expect after a challenging
2023
The circular economy has been one of the most
powerful megatrends affecting the plastics
industry over the past few years and is widely
anticipated to keep building momentum in
future.
Solvay to develop carbon
neutral soda ash plant for Saudi planned
city
Solvay will conduct a feasibility study into
building the world’s first carbon neutral soda
ash plant in NEOM, the city under development
in Saudi Arabia, the Belgium-based producer
said on Tuesday.
IPEX:
Global index down 4.2% in November on
widespread chemicals price falls across all
regions
The ICIS Petrochemical Index (IPEX) fell by
4.2% month on month in November as chemicals
prices declined across all regions, not least
in northeast Asia and northwest Europe.
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